StockNews.com started coverage on shares of RF Industries (NASDAQ:RFIL – Get Free Report) in a report released on Tuesday. The firm set a “hold” rating on the electronics maker’s stock.
Separately, B. Riley raised their price target on RF Industries from $4.25 to $4.50 and gave the company a “buy” rating in a report on Tuesday, September 17th.
Check Out Our Latest Stock Analysis on RF Industries
RF Industries Stock Performance
Hedge Funds Weigh In On RF Industries
A hedge fund recently raised its stake in RF Industries stock. Dimensional Fund Advisors LP boosted its position in RF Industries, Ltd. (NASDAQ:RFIL – Free Report) by 5.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 225,737 shares of the electronics maker’s stock after acquiring an additional 12,296 shares during the period. Dimensional Fund Advisors LP owned 2.15% of RF Industries worth $788,000 at the end of the most recent quarter. Institutional investors and hedge funds own 23.49% of the company’s stock.
About RF Industries
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.
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